New Zealand Trade Data Due On Monday

RTTNews | 648 days ago
New Zealand Trade Data Due On Monday

(RTTNews) - New Zealand will on Monday release July figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity. In June, imports were worth NZ$6.30 billion and exports were at NZ$6.31 billion for a trade surplus of NZ$9 million.

New Zealand also will see credit card spending data for July, with forecasts suggesting an increase of 14.3 percent on year, accelerating from 5.0 percent in the previous month.

China will see updated information for the loan prime rate from the People's Bank of China; it's expected to slip to 3.40 percent from 3.55 percent previously.

Taiwan will release July figures for export orders and Q1 data for current account. Export orders are expected to slide 16.5 percent on year after tumbling 24.9 percent in June. The current account surplus in Q1 was $19.00 billion.

Hong Kong will see July numbers for consumer prices, with forecasts suggesting an increase of 0.2 percent on month and 1.9 percent on year - steady from the June reading.

Thailand is scheduled to provide Q2 numbers for gross domestic product, with forecasts calling or an increase of 1.2 percent on quarter and 3.1 percent on year. That follows the 1.9 percent quarterly increase and the 2.7 percent annual gain in the three months prior.

read more
Higher Open Tipped For Thai Stock Market

Higher Open Tipped For Thai Stock Market

The Thai stock market on Thursday ended the two-day slide in which it had dropped almost 20 points or 1.5 percent. The Stock Exchange of Thailand now rests just beneath the 1,165-point plateau and it's expected to open to the upside again on Friday.
RTTNews | 17 minutes ago
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Friday, snapping a five-session winning streak, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 37,900 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 23 minutes ago
Additional Support Expected For Hong Kong Stock Market

Additional Support Expected For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,575-point plateau and it's tipped to open higher again on Friday.
RTTNews | 47 minutes ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly loser on Friday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,400 level, with weakness in iron ore miners and technology stocks partially offset by a mixed performance in energy and financial stocks.
RTTNews | 48 minutes ago
China Bourse May Extend Thursday's Gains

China Bourse May Extend Thursday's Gains

The China stock market on Thursday snapped the five-day losing streak in which it had surrendered almost 50 points or 1.5 percent. The Shanghai Composite Index now sits just beneath the 3,365-point plateau and it may see additional support on Friday.
RTTNews | 1h 17min ago
Japan Retail Sales Climb 3.3% On Year In April

Japan Retail Sales Climb 3.3% On Year In April

The value of retail sales in Japan was up 3.3 percent on year in April, the Ministry of Economy, Trade and Industry said on Friday - coming in at 12.925 trillion yen.
RTTNews | 1h 33min ago
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, advancing more than 40 points or 1 percent along the way. The Straits Times Index now sits just above the 3,915-point plateau and it may add to its winnings again on Friday.
RTTNews | 1h 47min ago